Frequently Asked Questions

Q - How much can I borrow?
A - You can borrow from $2000, but the amount you are able to borrow will be determined by your circumstances and security.

Q - What is a 'Secured' loan?
A - A secured loan is a loan where the borrower pledges some asset (e.g. a car, boat, caravan, property) as a back-up (security) for the loan.  Providing security can help you borrow a larger amount and can help reduce the interest rate we offer you.

Q - How do I apply for loan?
A - You can apply for a loan in 2 easy ways - you can choose what suits you best.  Either submit an online application by clicking here or give us a all on 0800 735 562.

Q - Are these any fees that I have to pay?
A - Yes.  An establishment fee applies to every loan.  Some other fees do apply including an administration fee.  Please click here to see a full list of our fees and charges.

Q - What interest rate can I get?
A - We offer competitive rates for personal loans, with rates starting from 9.95%.  The rate you will be charged is based on several criteria.  These include the type of security provided; value of the security in relation to the loan amount; the amount of money you wish to borrow; your previous credit history with other financial institutions; and your total credit profile.  To provide you with an interest rate for your loan please complete an application by clicking here or call 0800 735 562.

Q - How can I make payments on my loan?
A - Your regular payments will be made via a Direct Debit or in some case by a Direct Wage Order.  Extra payments on your loan can be made by contacting us to adjust your Direct Debit, or by paying directly into our Bank Account.  Our Bank Account number is 123191-0040833-02.  Remember to include your loan number as your reference.

Q - How long can I take out a loan for?
A - You can take out a personal loan for between 12 and 48 months.  This is called the 'Term' of the loan.

Q - How quickly can I have access to the money?
A - Once your application has been approved you can have access to your money in as little as 24 hours.

Q - How long does it take to apply?
A - Completing your application for a personal loan will take less than 20 minutes.  You can either apply online here or call us on 0800 735 562.  Sometimes we require extra information - we'll let you know if we need to do this.

Q - What will my Loan Facility and Security Agreement look like?
A - Please click here to view a sample Loan and Security Agreement.

Q - Can I apply if I have bad credit?
A - We consider various criteria when assessing your application for a personal loan.  If you have 'bad credit', such as a recent default to another financial institution, you are unlikely to be approved.  If your are not approved we will tell you the reasons for our decision and explain what you will need to do, over a period of time, to improve your likelihood of getting a loan in the future.

Q - What will my repayments be?
A - Our easy to use loan calculator lets you see what your repayments will be.  You can change the amount you borrow and the length of time you want to have the loan for.  Please note the repayment amounts given are indicative only.  Your interest rate and repayment amounts will be confirmed when you apply.